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Indiana businesses and jobs look to be coming back around full circle; the Indiana Economic Development Organization says it received commitments from over 200 companies this year to expand business and create new jobs for Hoosiers.  Recently our client, Stratosphere Quality, assurance and solutions provider for Indiana and the Midwest, has announced a major expansion in its headquarters in Indianapolis, adding to the list of growing Indiana companies. 

I was recently interviewed by Judge John Hanley for “Off the Bench,” a community service television program of the Marion Superior Court that airs locally in Indianapolis. Judge Hanley and I discussed the opportunities and importance of using premarital, postnuptial and cohabitation agreements in estate and relationship planning.

Judge Hanley was interested in how ...

Conference attendees heard from Rep. B. Patrick Bauer (D), House Minority Leader; Rep. Brian C. Bosma, Esq. (R), Speaker of the House; Sen. Vi Simpson, Esq. (D), Senate Minority Leader; and Sen. David Long, Esq. (R), President Pro Tempore. Among the hot topics discussed were right-to-work legislation, a statewide smoking ban, and school vouchers.

A Honda Manufacturing of Alabama, LLC Japanese associate was stopped early last week by a local Alabama law enforcement officer under Alabama’s new law which allows police officers to verify the immigration status of any individual who is lawfully stopped, detained or arrested, according to an Automotive News article. The same article reported that a German executive for Mercedes-Benz was arrested when he failed to produce documentation that he was in lawful immigration status as required by the new law.

The Regional Economic Development Organization case study recently released by Bingham Greenebaum Doll outlines the complex application process required for a federal EB-5 Regional Center designation. The case study also emphasizes how important it was for all of the partners involved in the project to come together and to speak with one voice.  An excerpt from the case study is below. To read the study in full, click here.

Lawyers will often advise clients getting married of the advantages that a premarital agreement can offer. However, less often will lawyers render equally important advice to clients who are currently married – and who already have a premarital agreement – to consider amending the document during the marriage. There are at least four compelling reasons to amend a premarital agreement.

Lawyers will often advise clients getting married of the advantages that a premarital agreement can offer. However, less often will lawyers render equally important advice to clients who are currently married – and who already have a premarital agreement – to consider amending the document during the marriage. There are at least four compelling reasons to amend a premarital agreement.

In Advisory Opinion AO-2011-01, the Centers for Medicare and Medicaid Services (CMS) examined a proposed three-party physician recruitment agreement with a non-compete provision, and determined that the agreement meets the physician recruitment exception under the Stark Law.

The U.S. Court of Appeals for the Sixth Circuit recently ruled that an insurance company does not violate its fiduciary obligations under ERISA by taking its own business interests into account when negotiating and setting reimbursement rates with health care providers, even if those decisions have an adverse effect on ERISA plan participants.   DeLuca v. Blue Cross and Blue Shield of Michigan (6th Cir. 2010). 

This article originally appeared in The Kentucky CPA Journal / Issue 3, 2011 / Tax in the Bluegrass  

When two unrelated businesses merge, there are a lot of things to consider. State taxes certainly merit some attention because ignoring them has the potential to result in unknowingly taking on significant tax-related risks or incurring otherwise avoidable tax liability.